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For saleMLS® X13818204

2 Saunby Street

London, N6G 1A1

$718,000

Bedrooms
6
Bathrooms
2
Interior
1,100-1,500 ft²
Lot
65.72 × 151.53 ft
Type
Detached

About this home

DUPLEX ON THE THAMES RIVER!!! Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown London and Western University. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at Oxford Street and Western Road. The property also borders the Thames River and offers beautiful views of the river, Gibbons Park, and London's iconic Thames-Oxford Railway Bridge.

The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants.

With its rare riverfront setting, flexible layout, and proximity to downtown and Western University, this is a unique turnkey investment opportunity offering excellent long-term value. Don't miss your chance to own one of London's most distinctive income properties.

Property details

Property type
Detached
Ownership
Freehold
Style
Bungalow
Age
51-99 years
Property taxes
$6,166 (2026)
Heating
Forced Air, Gas
Cooling
Central Air
Basement
Full, Finished
Parking
6 spaces
Sewer
Sewer
Waterfront
Thames River
Lot
65.72 × 151.53 ft lot
Time on market
40 days on market

Features

Inside

  • Accessory Apartment
  • In-Law Capability

Outside

  • Concrete Block
  • Shingle
  • Asphalt Shingle roof

The lot

  • View: Bridge
  • View: City
  • View: Forest
  • View: River
  • View: Trees/Woods
  • View: Water
  • Not Applicable

Rooms

Measurements are deemed reliable but not guaranteed.

Living RoomMain19' 5" × 12' 11"
KitchenMain18' 7" × 13' 11"
BathroomMain7' 8" × 6' 6"
Primary BedroomMain13' 3" × 14' 4"
Bedroom 2Main11' 9" × 10' 4"
Bedroom 3Main11' 5" × 10' 4"
Living RoomLower19' 5" × 13' 5"
KitchenLower17' 4" × 9' 8"
Bedroom 4Lower10' 9" × 11' 9"
Bedroom 5Lower9' 9" × 11' 9"
BathroomLower9' 9" × 11' 9"

Location

Thinking about the area? Read my guide to London.

Estimate your payment

20% down. The minimum on this price is $46,800.

Your monthly payment

$3,179

Mortgage amount
$574,400
Interest over the amortization
$379,345

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: RE/MAX CENTRE CITY REALTY INC..

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13818204.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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